Food prices in Spain have risen more than 15% since January last year
Prices for food and non-alcoholic beverages in Spain rose by 15.4% year on year in January, according to data issued on Wednesday by the National Statistics
Economy
Banco Santander posts record profits of €9.6 billion for 2022, up 18% from 2021
Spanish banking giant Banco Santander reported on Thursday record profits for 2022, as higher interest rates boosted its earnings and offset the costs from soaring
Spain raises minimum wage by 8% for 2023, making it €15,120 gross a year
The Spanish government announced on Tuesday an 8% rise in the minimum wage for 2023, despite the opposition of employer groups, in a context of high
Shops across Spain apply VAT reductions on essential foods
Shops and supermarkets across Spain have been quick to apply VAT reductions on essential foods, after the measure was announced by Prime Minister Pedro Sánchez
Spain records its lowest unemployment level since 2007
The number of people registering as unemployed in Spain fell slightly for December from the previous month, and which means it ended 2022 at a
Spain announces another €10 billion of state aid to ease inflation pain in 2023
Spanish Prime Minister Pedro Sánchez announced on Tuesday a further €10 billion package of measures to counter inflation in 2023, bringing total such aid to €45
Inflation in Spain slows to 9% in September
Inflation in Spain slowed in September to 9% from a nearly four-decade high, due mainly to a drop in electricity and fuel prices, as well as
Spain plans a temporary tax on the wealthiest 1% of population for two years
The Spanish government is planning to impose a temporary tax on the wealthiest 1% of the country’s population, starting from next year amid soaring inflation,
Inflation in Spain slowed slightly in August as fuel prices eased
Spain’s inflation rate slowed slightly in August as fuel prices eased, but it remained high due to rising electricity and food prices, official data showed
Spain seeks 4.8% windfall tax on banks, 1.2% on energy firms to beat cost of living crisis
With the plan to tax banks and energy firms initially announced by Spanish Prime Minister Pedro Sánchez two weeks ago, the socialist-led coalition government finally